I am looking to use the Hemscott structure because it provides volume for each of the sector and industry index symbols as well as the sub-industry index symbols. Volume is critical to my analysis in AB.
I can export the structure from the QuotesPlus charting programming and save it in Metastock format. I think I can then import the Metastock format into AB. A significant difference is the Hemscott structure is three layers deep Sector --> Industry --> Sub-Industry --> stock AB databse does not support three levels of definition. I will have to think of a way around this, but I'm sure I can come up with something that will work for me. Your information in the KB is very useful. Thank you for providing it. best regards, Tom --- In [email protected], "brian_z111" <[EMAIL PROTECTED]> wrote: > > I know a little bit about Hemscotts strucure. > > I don't use QP so I can't help you directly..... of you want to copy > the structure directly you need to know if it is saved locally i.e. > in AB Workspace etc. > > You then have a few choices: > > - save copy of database & delete what you don't want > - copy/paste key files to duplicate database structure without data > - export symbol lists manually then reimport to a new database > > > BUT! > > You can start from scratch and make your own H structure database (it > is incredible fun, trust me). > > It would help if you could be specific about what you want to do. > > To help you decide: > > - Hemscott is a UK company > - it doesn't make a lot of sense to use H if you are not going to use > QP > - Hemscott have their own structure (similar to ICB) > - it is more fine grained than S&P (most of the sector trading in the > US goes on in the S&P ETF's) > - H has gained some favour in the US (don't know why they have > forgiven the Pommies, for the Boston Tea Party stuff, so easily). > - H is used at YahooUSA > > http://biz.yahoo.com/ic/ind_index.html > > hunt around there and you can get 5day intraday charts for industries > and component lists (html only). > > - AFAIK there is no way to trade a Hemscott sector/industry (actually > there is very little difference in performance between an H sector > and an ICB sector anyway ... same old companies). > > - you can get links to the H structure and H site from the UKB > (scroll down to DatabaseManagement>>Hemscott > > (I posted files at the UKB to help people use for set up the > Hstructure ... can't seem to download the XL file but ask Tomasz > about it if you want it). > > - You can subscribe to H site and get filtered lists for the UK but > not the US > > http://www.hemscott.com/companies/company-search.do > > > I prefer use Dow ICB classification (I follow international markets a > little) because while it comes second in the USA it is a more > universally used classification: > > - It is very similar to Hemscott. > - It is used mainly in Europe/UK. > - The DownIdexes site recently improved features and you can get > quite good file lists in CSV format from there. > - You can trade ICB sectors via futures and ETF's. > - Used by YahooUK. > - Used by STOXX. > > http://uk.biz.yahoo.com/sectors/ > > http://uk.finance.yahoo.com/m9.php > > http://uk.finance.yahoo.com/m7.php > > > > > --- In [email protected], "trb0428" <tombrowne34@> wrote: > > > > QuotesPlus has recently added Hemscott structured data to their data > > download. > > > > Their industry monitor index structure is automatically imported and > > setup > > within the AB database providing sector/industry groupings > organized in > > a folder > > structure. > > > > Now, with the Hemscott structure available from QuotesPlus, is > their a > > way > > to set up the AB database to directly import this Hemscott > structure? > > > > Is anyone using this? > > > > Here is the Hemscott structure: > > http://www.webcando.com/demos/hemscott_structure.jpg > > > > Thanks, > > Tom > > >
